Common use of Remedy for Breach Clause in Contracts

Remedy for Breach. The parties hereto agree that, in the event of breach or threatened breach of any covenants herein, the damage or imminent damage shall be inestimable, and that therefore any remedy at law or in damages shall be inadequate. Accordingly, the parties hereto agree that the Company and Executive shall be entitled to apply for injunctive relief in the event of any breach or threatened breach of any of such provisions by Executive or the Company, in addition to any other relief (including damages) available to the Company or Executive under this Agreement or under law.

Appears in 9 contracts

Samples: Staar Surgical Company Change in Control Agreement (Staar Surgical Co), Staar Surgical Company Severance Agreement (Staar Surgical Co), Change in Control Agreement (Staar Surgical Co)

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Remedy for Breach. The parties hereto agree that, in the event of breach or threatened breach of any covenants hereinof Executive, the damage or imminent damage to the value and the goodwill of Company's business shall be inestimable, and that therefore any remedy at law or in damages shall be inadequate. Accordingly, the parties hereto agree that the Company and Executive shall be entitled to apply for injunctive relief against Executive in the event of any breach or threatened breach of any of such provisions by Executive or the CompanyExecutive, in addition to any other relief (including damages) available to the Company or Executive under this Agreement or under law.

Appears in 8 contracts

Samples: Employment Agreement (Infinite Networks Corp), Employment Agreement (Infinite Networks Corp), Employment Agreement (Infinite Networks Corp)

Remedy for Breach. The parties hereto agree that, in the event of breach or threatened breach of any covenants hereinof Contractor, the damage or imminent damage to the value and the goodwill of the Company's business shall be inestimable, and that therefore any remedy at law or in damages shall be inadequate. Accordingly, the parties hereto agree that the Company and Executive shall be entitled to apply for injunctive relief against Contractor in the event of any breach or threatened breach of any of such provisions by Executive or the CompanyContractor, in addition to any other relief (including damages) available to the Company or Executive under this Agreement or under law.

Appears in 7 contracts

Samples: My Personal Salon Stylist Agreement (My Personal Salon Inc), Professional Service Agreement (Urbanalien Corp), Professional Service Agreement (Urbanalien Corp)

Remedy for Breach. The parties hereto agree that, in the event of breach or threatened breach of any covenants hereinof Executive, the damage or imminent damage shall be inestimableto the value and the goodwill of Company's business are not capable of quantification, and that therefore any remedy at law or in damages shall be inadequate. Accordingly, the parties hereto agree that the Company and Executive shall be entitled to apply for injunctive relief against Executive in the event of any breach or threatened breach of any of such provisions by Executive or the CompanyExecutive, in addition to any other relief (including damages) available to the Company or Executive under this Agreement or under law.

Appears in 3 contracts

Samples: Employment Agreement (Mendocino Brewing Co Inc), Executive Employment Agreement (Mendocino Brewing Co Inc), Executive Employment Agreement (Mile High Brewing Co)

Remedy for Breach. The parties hereto agree that, in the event of breach or threatened breach of any covenants hereinof Advisor, the damage or imminent damage to the value and the goodwill of the Company’s business shall be inestimable, and that therefore any remedy at law or in damages damage shall be inadequate. Accordingly, the parties hereto agree that the Company and Executive shall be entitled to apply for injunctive relief against Advisor in the event of any breach or threatened breach of any of such provisions by Executive or the CompanyAdvisor, in addition to any other relief (including damagesdamage) available to the Company or Executive under this Agreement or under law.

Appears in 3 contracts

Samples: Obligations Agreement, Obligations Agreement (China Rapid Finance LTD), Obligations Agreement (China Rapid Finance LTD)

Remedy for Breach. The parties hereto agree that, in the event of breach or threatened breach of any covenants hereinof Executive, the damage or imminent damage to the value and the goodwill of Company's business shall be inestimableunable to estimate it, and that therefore any remedy at law or in damages shall be inadequate. Accordingly, the parties hereto agree that the Company and Executive shall be entitled to apply for injunctive relief against Executive in the event of any breach or threatened breach of any of such provisions by Executive or the CompanyExecutive, in addition to any other relief (including damages) available to the Company or Executive under this Agreement or under law.

Appears in 2 contracts

Samples: Employment Agreement (Infinite Networks Corp), Employment Agreement (Infinite Networks Corp)

Remedy for Breach. The parties hereto agree that, in the event of breach or threatened breach of any covenants hereinof Executive, the damage or imminent damage to the value and the goodwill of the Company's business shall be inestimable, and that therefore any remedy at law or in damages shall be inadequate. Accordingly, the parties hereto agree that the Company and Executive shall be entitled to apply for injunctive relief against Executive in the event of any breach or threatened breach of any of such provisions by Executive or the CompanyExecutive, in addition to any other relief (including damages) available to the Company or Executive under this Agreement or under law.

Appears in 2 contracts

Samples: Employment Agreement (Knockout Holdings, Inc.), Employment Agreement (Knockout Holdings, Inc.)

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Remedy for Breach. The parties hereto agree that, in the event of breach or threatened breach of any covenants hereinof Board Member, the damage or imminent damage to the value and the goodwill of the Company’s business shall be inestimable, and that therefore any remedy at law or in damages shall be inadequate. Accordingly, the parties hereto agree that the Company and Executive shall be entitled to apply for injunctive relief against Board Member in the event of any breach or threatened breach of any of such provisions by Executive or the CompanyBoard Member, in addition to any other relief (including damages) available to the Company or Executive under this Agreement or under law.

Appears in 2 contracts

Samples: Board Member Agreement (Bullion Monarch Mining, Inc. (NEW)), Board Member Agreement (Bullion Monarch Mining, Inc. (NEW))

Remedy for Breach. The parties hereto agree that, in the event of breach or threatened breach of any covenants hereinof Director, the damage or imminent damage to the value and the goodwill of Company's business shall be inestimable, and that therefore any remedy at law or in damages shall be inadequate. Accordingly, the parties hereto agree that the Company and Executive shall be entitled to apply for injunctive relief against Director in the event of any breach or threatened breach of any of such provisions by Executive or the CompanyDirector, in addition to any other relief (including damages) available to the Company or Executive under this Agreement or under law.

Appears in 2 contracts

Samples: Employment Agreement (Infinite Networks Corp), Employment Agreement (Infinite Networks Corp)

Remedy for Breach. The parties hereto agree that, in the event of breach or threatened breach of any covenants hereinof Advisor, the damage or imminent damage to the value and the goodwill of the Company's business shall be inestimable, and that therefore any remedy at law or in damages shall be inadequate. Accordingly, the parties hereto agree that the Company and Executive shall be entitled to apply for injunctive relief against Advisor in the event of any breach or threatened breach of any of such provisions by Executive or the CompanyAdvisor, in addition to any other relief (including damages) available to the Company or Executive under this Agreement or under law.

Appears in 1 contract

Samples: Financial Advisory Agreement (Endorex Corp)

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